If You Want to Know the Present Value of $10,000

question 15

Multiple Choice

If you want to know the present value of $10,000 received in one year,and the interest rate is 4 percent,what formula can you use?

• A)Present value equals $10,000 times 0.04.
• B)Present value equals $10,000 divided by 1.04
• C)Present value equals 1.04 divided by $10,000.
• D)Present value equals $10,000 times 1.04.

Explain the influence tactics and how they relate to individual power bases.

Identify and describe the concepts of empowerment, including the factors that contribute to its success or failure within organizations.

Recognize the role of self-promotion and ingratiation in organizational politics and their effects on job performance.

Analyze the difference between personal power and institutional power in managerial context.

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Definitions:

Performance Targets

Performance targets are specific objectives set by an organization, aiming to achieve particular levels of performance in key areas over a set period.

Incentive Compensation

A form of payment designed to reward employees for achieving specific performance targets or objectives.

Balanced Scorecard

A strategic planning and management system used to align business activities to the vision and strategy of the organization, improve internal and external communications, and monitor organization performance against strategic goals.

Strategic Initiatives

Major actions or programs undertaken by an organization to achieve long-term objectives and competitive advantage.